Submitted by angrybird7677 t3_zzswm0 in explainlikeimfive
SDN_stilldoesnothing t1_j2e5no4 wrote
Reply to comment by Smashville66 in ELI5: Why do companies require annual budget be spent 100%? by angrybird7677
I worked in the Canadian Government for 10 years.
The one that drove me "batshit" would be us getting told from fiscal day 1, April 1st through to February that we have no budget. Then on March 1st we will get told someone found a couple of million and we have 30 days to spend it.
and whatever you buy needs to be delivered by March 31st.
It's true madness.
barrylunch t1_j2em0h4 wrote
It’s amazing that this type of systemic business and management incompetence is perpetuated decade after decade.
In virtually every other discipline, humanity makes improvements every year (processes, efficiency, technology, etc.)
Smashville66 t1_j2e7yuz wrote
Every. Damn. Year. But if I tried to “overspend” on something necessary—knowing full well that the budget wasn’t going to be compromised in any way—I’d be scolded.
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